Form 4: American International Group Sells 30 Million Shares of Corebridge Financial
SEC Form 4 Filing
American International Group (AIG) sold 30 million shares of Corebridge Financial (CRBG) at a price of $29.2 per share on June 3, 2024.
Summary
- American International Group, Inc. (AIG) filed a Form 4 with the SEC on June 3, 2024.
- The filing reports a transaction where AIG sold 30,000,000 shares of Corebridge Financial, Inc. (CRBG) common stock.
- The sale price was $29.2 per share.
- Following the transaction, AIG directly owns 294,203,636 shares of Corebridge Financial, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a transaction without expressing positive or negative views.
Industry Context
A large block trade like this can impact the stock price of Corebridge Financial and may reflect AIG's strategic decisions regarding its investment in Corebridge.
Stakeholder Impact
- Shareholders of Corebridge Financial may experience a short-term impact on the stock price due to the large volume of shares sold by AIG.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of the transaction (sale of shares) and filing date of the Form 4. |
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